Alec Hoke
Alec Hoke is a registered investment advisor at Esi Financial Advisors, based in Colchester, VT, with 30 years of industry experience. Their practice areas include Investment Management, Retirement Planning. Their firm serves 12,116 clients with $2.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
ESI Financial Advisors offers investment management through various programs. Fees vary depending on the program chosen and can include platform fees, strategist fees, and service fees.
ESI Illuminations programs charge a platform fee between 0.26% and 0.45% annually, plus strategist fees (0.02%-1.00%) and EFA's service fee (0-2.00%).
American Funds and Schwab Retirement Advisor Services have tiered fees, up to 1.00% annually on the first $1M, decreasing to 0.35% on amounts over $10M.
AssetMark fees are negotiated with the advisor, not to exceed 1.5% annually.
SEI fees are also negotiated, not to exceed 1.75% annually, plus a 0.05% administrative fee.
Location
354 Mountain View Dr., Suite 200, Colchester, VT, 05446
Get directionsHistory
Regulatory History (3)
Customer Dispute
June 2015Customer Dispute
July 2012Customer Dispute
October 2002Other Business ActivitiesSells Insurance
Alec is the principal/president of Beacon Wealth Strategies, LLC, dedicating about 10-20% of his time. He is also an insurance agent for NPA Financial and The Vermont Agency, spending a few hours per week at each. Additionally, Alec is a provider for Access CNY, offering mobility assistance for his stepsons, which is not investment-related and occurs outside of trading hours.
Employment History
Current Registrations
Esi Financial Advisors
Equity Services, INC.Broker
Previous Registrations
Prudential Financial Planning Services
Pruco Securities, LLC.Broker
First Allied Securities, INC.Broker
First Allied Advisory Services, INC.
1st Discount Brokerage, INC.
1st Discount Brokerage, INC.Broker
Saxony Securities, INC.Broker
Saxony Capital Management, LLC
Summit Financial Group INC
Summit Brokerage Services, INC.Broker
Wachovia Securities Financial Network, INC.
Wachovia Securities Financial Network, INC.Broker
Jwgenesis Securities, INC.Broker
Josephthal Lyon & Ross IncorporatedBroker
D. Blech & Company, IncorporatedBroker
Thomas James Associates, INC.Broker
State Registrations3 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.